Economy

The federal government's review of Medicaid reimbursements will not affect Connecticut's AA general obligation bond rating for now, said Standard & Poor's.

Baltimore city and county will provide $280 million for Maryland's $2.9 billion Red Line light rail project to help attract $900 million of federal funding.

The consortium building the $2.3 billion Interstate 4 project in central Florida says bank and federal loans are cheaper than bonds for the state's largest public-private partnership project.

The Port of Los Angeles, an infrequent issuer, plans to price a $339 million combined new money-refunding with AMT and non-AMT the week of Sept. 1.

The Port of Portland is planning to sell nearly $100 million of revenue bonds next week for the Portland International Airport.

States are losing more than $1 billion a year by giving breaks on jet fuel taxes to airlines, the Unite Here International Union said in a new report.

The Louisiana Transportation Funding Task Force holds its first meeting Sept. 10 to begin studying new ways of funding road and bridge projects.

Nevada made a splash earlier this year with plans for its biggest P3 yet. Now the state has reversed course after finding it would be less expensive to manage and fund the project itself.

Oregon, which invented the gasoline tax in 1919, is on the road to be the first state to shift to a mileage-based user fee for highway funding.

New York City has reached tentative seven-year, four-month contract agreements with SEIU Local 300 and the United Probation Officers Association, Mayor Bill de Blasio said.

Kentucky's auditor wants legislators to restructure the Cincinnati/Northern Kentucky International Airport board after uncovering questionable expenses, policies.

New York City's Department of Education failed to recoup a cumulative $356 million in federal Medicaid funds between fiscal 2012 and 2014, said city Comptroller Scott Stringer.

A long-awaited report that recommends West Virginia issue $1.5 billion in bonds to fund transportation projects will be released in September.

Fitch Ratings shifted its outlook on O'Hare International Airport to stable from negative citing steady air traffic trends and more certainty over American Airlines' future at the airport after the airline's exit from bankruptcy.

S&P lowered its rating to AA-minus from AA on Berks County Municipal Authority, Pa.'s revenue refunding bonds, issued for Reading Health System.

Metropolitan Washington Airports Authority closes on a $1.3 billion federal loan to complete the final 11 miles of a light-rail line to Dulles International Airport.

Even as the city struggles to find funds to repair its own streets, Pocatello, Idaho street repair crews have been doing work in other Southeastern Idaho cities for free.

The Massachusetts Department of Transportation has begun a program to identify areas under elevated roads, bridges and viaducts for redevelopment opportunities.

Everything from mileage-based fee systems to higher state fuel taxes are on the table as states seek new ways to increase transportation funding.

North Carolina's Fayetteville Public Works Commission plans to price $110 million in revenue bonds in a rare competitive deal.